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'Hydrocarbon Vision 2030' for NE to boost South East Asia's gateway-trades : 2 day long Indo-Bangla joint meet kicked off on 'The Present & Future of Natural gas in NE India'
TIWN Nov 7, 2016
'Hydrocarbon Vision 2030' for NE to boost South East Asia's gateway-trades : 2 day long Indo-Bangla joint meet  kicked off on 'The Present & Future of Natural gas in NE India'
PHOTO : Governor inaugurates conference on Natural Resources at Pragna Bhawan. TIWN Pic Nov 7

AGARTALA, Nov 7 (TIWN): Tripura Governor Tathagata Roy on Monday inaugurates a 2 day long conference at Pragna Bhawan, organized with the joint association of SECONE Society & ONGC with the theme of ‘The Present & Future of Natural gas : Challenges and opportunities in NE India’. In this 2 day long conference Indian delegates, as a as Bangladesh delegates remained present. After the inaugural session; Technical discussion and panel discussion lead the programme. Executive members of ONGC, IOCL, NRL, HPCL, APGCL, AIDC were present on that occasion. Both the Bangladesh delegates and Indian delegates delivered very positive thoughts about the gas resource in NE India. Northeast India is considered for resource of many hidden natural gas products & how to double the profit by utilizing natural resources and how to more benefit the humanity with that—all these were discussed on that occasion.

North East India is filled by natural resources and an industrious talent pool, has several distinctions to its credit.

Experts from India said--- as growth and development is the key note  in the 21st century, it is of paramount importance that the region, as a collective identity, embarks on a vibrant journey to realize the dreams of a prosperous future.

However, as NE is under heavy challenges due to its unsmooth connectivity it has remained as the matter of concern to the experts. But the central govt is taking initiatives for ,any projects, where the connectivity has been kept as its main focus. 

The Minister of State (IC) for Petroleum and Natural Gas Dharmendra Pradhan in this running year released the Hydrocarbon Vision 2030 for north-east India, outlining steps to leverage the hydrocarbon sector for development of the region in Guwahati. Ministry of Petroleum and Natural gas (MoPNG) has consciously and constantly focused efforts towards making hydrocarbons a tool to enable social and economic development. One such initiative has been the Hydrocarbon Vision 2030 for North East Region.

Develop NER as a dominant hub at the forefront of India’s energy map by utilising its hydrocarbon potential: 

1.      Double production of Oil and Natural Gas (O + OEG in MMTOE) 

2.      Access of clean fuel to 100% households in the region (LPG/PNG) at affordable price 

3.     Bolster development through creation of service provider hubs 

4.     Ensure availability to support growth in per capita petroleum product consumption 

5.     Provide pipeline connectivity by installing new POLand LPG pipelines 

6.     Development of natural gas grid, CGD networks and spur CNG Highways 

7.     Generate employment opportunities through Industrial and skill development 

8.     Promote manufacturing industry related to Oil & Gas in the region 

9.      Incentivize production of bio fuel in the region for providing access to clean fuels and to boost rural economy 

10.  Promote trade between NER of India and neighbouring SAARC countries

  The Vision rests on five pillars: People, Policy, Partnership, Projects and Production. For people, it foresees clean fuel access to households alongside fostering skill development and involvement of the local community. 

The policy focus areas includes to boost trades with neighbouring nations.

 In projects, the focus is on pipeline connectivity for carrying liquefied petroleum gas (LPG), natural gas, and petroleum products, oil and lubricants (POL); building refineries and import links; and development of compressed natural gas (CNG) highways and city gas distribution network. The production side emphases include production enhancement contracts, technology deployment and fast-track clearance, and development of service provider hubs.

30,000 crore will infused in the North East region for next 15 years for the production of hydrocarbon.To develop for Vision report CRISIL Infrastructure Advisory has been designated as the Knowledge Partner. Govt initiated “Hydrocarbon Vision 2030” for North-East. The division of expenditure is blueprinted as – Rs 80,000 crore in upstream, Rs 20,000 crore in midstream and Rs 30,000 crore in the lowerstream.

State covered under Vision – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

 

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